Strategic autonomy, green geoeconomics and transactional aid: the new European development cooperation policy in Latin America
Abstract
This paper analyzes the recent revitalization of European cooperation in Latin America and connects it toto the European Union’s renewed strategic interests in the region. These interests have been shapedby the declining competitiveness of European industry, driven by rising costs related toenergy and certain critical minerals. In response, the European Union, through the Global Gateway initiative, has outlined and investment agenda in Latin America aimed at reducing dependencies and diversifying supply sources. To this end, it seeks to financing green hydrogen corridors for industrial imports into Europe, as well as developing preferential agreements for access to critical minerals such as copper and lithium in countries includingChile, Brazil, and Argentina. This new transactional approach to European aid is not entirely novel ; it follows the pattern set by some Member States—particularly Germany—which plays a leading role in advancing Europe's green diplomacy in the region, alongside China.
Article download
Crossmark
License
In order to support the global exchange of knowledge, the journal Revista Española de Desarrollo y Cooperación is allowing unrestricted access to its content as from its publication in this electronic edition, and as such it is an open-access journal. The originals published in this journal are the property of the Complutense University of Madrid and any reproduction thereof in full or in part must cite the source. All content is distributed under a Creative Commons Attribution 4.0 use and distribution licence (CC BY 4.0). This circumstance must be expressly stated in these terms where necessary. You can view the summary and the complete legal text of the licence.
